Oil prices edge up on U.S.-China trade optimism, but demand concerns cap

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Brent crude futures were at $59.10 a barrel by 0027 GMT, up 14 cents, or 0.2%.

SEOUL - Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.

U.S. President Donald Trump on Monday said efforts to end a U.S. trade war with China were going well as negotiators from the two nations work to nail down a Phase 1 trade deal text for their leaders to sign next month when they meet at November’s APEC summit. Brent is down about 22% from its April peak, while WTI is down around 20% from its peak reached in April.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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